Paste a list of numbers to get the count, mean, median, and both the population and the sample standard deviation.
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From the article Mean, Median, Mode and Standard Deviation — When to Use Which.
Data (monthly incomes of 5 people, in thousands of rupees): 2, 3, 3, 4, 88
Mean = (2 + 3 + 3 + 4 + 88) / 5 = 100 / 5 = 20
Median = middle value of the sorted list, position (5 + 1)/2 = 3rd = 3
Mode = 3
The mean says a typical income is 20 thousand, but four of the five people earn 4 or less. One extreme value has pulled the mean far away from everybody. Here the median is the honest summary. This is exactly why national income and house-price figures are reported as medians.
Worked in full in Mean, Median, Mode and Standard Deviation — When to Use Which.
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